Overview of the requirements to become a compute node on a ParaTime connected to the Oasis Network.
The Oasis Network has two main components, the Consensus Layer and the ParaTime Layer.
The Consensus Layer is a scalable, high-throughput, secure, proof-of-stake consensus run by a decentralized set of validator nodes.
The ParaTime Layer hosts many parallel runtimes (ParaTimes), each representing a replicated compute environment with shared state.
Operating a ParaTime requires the participation of node operators, who contribute nodes to the committee in exchange for rewards. ParaTimes can be operated by anyone, and have their own reward system, participation requirements, and structure.
As a node operator you can participate in any number of ParaTimes. While there are a number of ParaTimes under development, below are a few key ParaTimes that you can get involved in today. For operational documentation on running a ParaTime, please see the section on running a ParaTime node for node operators.
An Oasis Foundation developed ParaTime that will enable WebAssembly-based confidential smart contracts.